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Dec 13, 2012
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it's unclear the fate of the benefits in the fiscal cliff fight, something that terrifies people like alisia worthen. you've been looking for a job for more than six months. are you more optimistic or less optimistic? >> i believe it's going to turn around. it will probably take a little time but i believe it will. >> you need the government to help now until that happens? >> yes, i definitely do. i have a household to run, still have rent and bills to pay and i need help. i need help. >> millions of people like alecia. she still needs an unemployment check, unclear of the fate of jobless benefits and extension of those in the faiscal cliff fight. conservatives say it's time to end it. >> she has a degree in a field that you would think she would be able to get a job in. accounting. >> she worked for a government agency, she was a child support enforcement office, she worked in child support and all these government jobs keep getting -- so it's budget cuts on one end and budget cuts at the other end. >> thank you. >>> still ahead, is weight an issue when it comes to the white house? h
it's unclear the fate of the benefits in the fiscal cliff fight, something that terrifies people like alisia worthen. you've been looking for a job for more than six months. are you more optimistic or less optimistic? >> i believe it's going to turn around. it will probably take a little time but i believe it will. >> you need the government to help now until that happens? >> yes, i definitely do. i have a household to run, still have rent and bills to pay and i need help. i...
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Dec 12, 2012
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so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're talking about a nearly $2.2 billion projected cut to the department of transportation. half of that would come from the faa, and the tsa would suffer a $643 million spending cut. so according to the head of the tsa, they do have a plan b. they have a plan in place ready to go if these cuts are in place. now, he says that the overall front line operations would not be effective, but this would be a major severe budget cut and a lot of travelers here we spoke to, brooke, say they are paying close attention to the negotiations. >> it does concern me because, yes, i do travel not extensively, but enough on m
so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're...
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Dec 12, 2012
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so that may have something to do with the fiscal cliff. there's a bit of a slowdown there. the economy is moving along, not as robustly as they'd like it to be, which is why they extend this to make money cheaper. >> what does that mean for businesses in terms of confidence? >> the first gauge we get is to see how markets are doing. there's a bit of a rally on the stock market as a result. you can never trust what happens immediately after these announcements because it could be traders doing things. dow subpoena a quarter there. you can see 27 basis points right now. what it means is the same thing it meant until now. we have long-term low interest rates. it's cheap to borrow money in america. it's not necessarily easy it to borrow money. lending standards are still high, and many businesses as we have seen that either have cash or access to credit are not making decisions until they have some certainty about what government is going to do. we may get that certainty as soon as we get a fiscal cliff deal, maybe january or february by the time we know what will happen. that
so that may have something to do with the fiscal cliff. there's a bit of a slowdown there. the economy is moving along, not as robustly as they'd like it to be, which is why they extend this to make money cheaper. >> what does that mean for businesses in terms of confidence? >> the first gauge we get is to see how markets are doing. there's a bit of a rally on the stock market as a result. you can never trust what happens immediately after these announcements because it could be...
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Dec 11, 2012
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. >>> falling off the fiscal cliff, it may mean one thing to washington and something entirely different to millions of struggling americans. cnn's kiong la has the story. >> reporter: she could be facing at year's end a financial free fall. >> i don't know. i wish i wasn't in this situation but it is what it is and i could just do what i can. >> she lost her job as a new home sales manager on january. with an old laptop and a broken cord, she applies for jobs after job in a packed notebook, averaging 15 applications a day. at age 54, this is the first time she's ever been on unemployment. she's emptied out her savings account and now the emergency jobless program has kept her in her townhome giving her $450 a week. but unless the congress and the white house acts, the money stops. >> we're not trying to live off the system. we're trying to survive. it's not a luxury to be on unemployment. it's a means to keep us going. >> reporter: the fear of the fiscal cliff isn't just here. from the west to the north to the south, they will be hit the hardest. some two million americans will see thos
. >>> falling off the fiscal cliff, it may mean one thing to washington and something entirely different to millions of struggling americans. cnn's kiong la has the story. >> reporter: she could be facing at year's end a financial free fall. >> i don't know. i wish i wasn't in this situation but it is what it is and i could just do what i can. >> she lost her job as a new home sales manager on january. with an old laptop and a broken cord, she applies for jobs after...
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Dec 11, 2012
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the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> no news. zip. still no agreement. we'll let you know if something significant happens. >>> developing now, hugo chavez undergoing surgery in cuba today. an operation that we're told was quote/unquote delicate. his health is a bit of a mystery, but we do know he had surgery last year to remove a cancerous tumor. still not yet clear what kind of operation he had today. updates as we get them. >>> broad daylight, on a crowded new york sidewalk, someone walks up to a man and shoots him, point blank range. today, a race for answers. i'm brooke baldwin. the news is now. >>> move over, america. a sobering new report suggests china is getting ready to surpass the u.s. economy. >>> plus -- >> this is the place where lisa was buried. >> cnn goes inside the search for da vinci's famous muse. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male annou
the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> no news. zip. still no agreement. we'll let you know if something significant happens. >>> developing now, hugo chavez undergoing surgery in cuba today. an operation that we're told was quote/unquote delicate. his health is a bit of a mystery, but we do know he had surgery last year to remove a cancerous tumor. still not yet clear what kind of operation he had today. updates as...
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Dec 10, 2012
12/12
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just around the corner, a fiscal cliff deadline that is personal here. >> i just can't imagine funding being cut at this point. it would be tragic. >> reporter: she is worried mandatory budget cuts would hurt food safety inspection. that mattered to her since her twins were born in 1999. >> she was in the hospital for two weeks, luke for three. >> reporter: she and her babies got list teara poisoning from meat she ate while pregnant. contaminated food sickens about 48 million people a year, 3,000 people die. so the fda and the usda's food safety and inspection service are charged with protecting the food supply. an 8.2% budget cut translates to a combined 157 million dollars. there is no word exactly what cuts would mean to inspectors staffing. >> both fda and usda are stretched pretty thin when it comes to the inspection activities in the food safety work they do. they really need an increased resources and not fewer resources. >> agencies always say they're stretched. >> reporter: dean clancy is with freedom works, an organization that promotes smaller government and he says the cuts
just around the corner, a fiscal cliff deadline that is personal here. >> i just can't imagine funding being cut at this point. it would be tragic. >> reporter: she is worried mandatory budget cuts would hurt food safety inspection. that mattered to her since her twins were born in 1999. >> she was in the hospital for two weeks, luke for three. >> reporter: she and her babies got list teara poisoning from meat she ate while pregnant. contaminated food sickens about 48...
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Dec 9, 2012
12/12
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both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe that the politically right thing to do right now is to cut that you are losses, let tax rates go up for the most wealthy and really try for significant tax reform so that 39.6% is going to be mute. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica
both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not...
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Dec 7, 2012
12/12
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cliff. it was yet another white house effort to rally support around its approach to the fiscal cliff. joe biden sitting down with seven middle class americans worried about their taxes going up. >> these are hard working, serious americans who are playing by the rules, doing it all right, and struggling already in this economy. >> reporter: jobs numbers, proof the administration says that the president's economic policies are paying off. >> you see it in the retail industry, you see it in transportation. you see it in health care. and you see it in other sectors. you do see a continued movement that continues to show some positive growth. >> reporter: while cautioning the nation's economy is far from a full recovery, administration officials emphasize positive growth, suggesting it puts them in a stronger negotiating position with republicans. one senior administration official told cnn, quote, we shouldn't muck it up by raising taxes on the middle class or playing chicken with the debt cei
cliff. it was yet another white house effort to rally support around its approach to the fiscal cliff. joe biden sitting down with seven middle class americans worried about their taxes going up. >> these are hard working, serious americans who are playing by the rules, doing it all right, and struggling already in this economy. >> reporter: jobs numbers, proof the administration says that the president's economic policies are paying off. >> you see it in the retail industry,...
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Dec 5, 2012
12/12
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listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is the house speaker who shut down the government and that didn't work so well for the republicans. going over the cliff is something i don't think they want to do earlier. as i keep saying, wolf. the irony to me here is that the larger issues are things they really understand how to resolve, if you look at all their proposals. they just can't get there, because they can't agree on this revenue issue. where does the revenue come from. do you raise the rates on the wealthy? if you do, how much? and that's actually in the whole realm of things a sticking point that one would presume if they got in a room, they
listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is...
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Dec 5, 2012
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want the focus to be on the fiscal cliff. some conservatives did have issues regarding abortion and what it meant for the rights of the disabled while they were in the womb. there were a number of concerns. when i saw bob dole get wheeled in by his wife, former senator elizabeth dole, my heart melted. it meant a lot to people like john mccain, but that does not mean that some of these issues that some of these republicans had were not credible and are not -- we should just say, okay. there's a lot of treaties that have really pretty sounding name but the devil is in the detail. and i think that's what some of them felt when it came to this treaty. >> ana navaro and maria -- go ahead, maria, quickly. >> i hope ana is right and if republicans really want to do this right they will have another chance in the next congress and this is something where americans really need to step up. what happened yesterday was gop fear of the tea party. every single senator that voted against it was most likely up in 2014 except for one. >> okay
want the focus to be on the fiscal cliff. some conservatives did have issues regarding abortion and what it meant for the rights of the disabled while they were in the womb. there were a number of concerns. when i saw bob dole get wheeled in by his wife, former senator elizabeth dole, my heart melted. it meant a lot to people like john mccain, but that does not mean that some of these issues that some of these republicans had were not credible and are not -- we should just say, okay. there's a...